Digital Banking

Digital Banking

POS (POINT OF SALE)

PoS or simply Swipe Machine is a technological instrument provided to a Merchant establishment to carry out the sale of goods or services to customers in a cashless environment. All the customer has to do is swipe his/her Debit or Credit Card.

Features

Device is small and light weighted. Simple and easy to use

Facilitates payment for goods and services purchased using cards.

Acceptance of All Domestic and International Master/ VISA/ Rupay/ Diner/Discover/Amex, Debit and Credit Cards

Hassle free documentation

Rental free for merchants with Cash Credit Limits with the Bank.

Merchant can verify/extract the details of the transactions from device itself.

Eligibility

The merchant should have a business account with a branch of the bank with a satisfactory account operation.

Monthly Rental Charges

Merchants having Cash Credit account with bank: NIL

Merchants having Current accounts with bank: Rs 600

How to Apply

For applying, merchant establishment is required to process application from concerned branch of the bank where the merchant has the business account